EURNZD 4 hour time frame with demand level offering a risk profile of 11.5R
Trade active
Note
Only a 4 hour candle closing below the demand will invalidate the level, however due to vol i closed the trade partial. If price closes in a 4h candle below the low of the demand i´ll exit if not i will look to add further upside using bullish reversals if any are electedNote
Trade still active and price took out some bearish reversals along the way up. Looking to go back full position on a dip to 1.7566 or near otherwise i´ll carry to the target with the partial position i´m holdingTrade closed: target reached
If you front run the exit a few pips your very near the target so a good exit. A thought trade to manage due to vol. I was unable to hold full size from the entry. Had to cut part of it and then waited for a dip but never got a chance.Note
price hit target. Great setup but hard to handle
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.